EXHIBIT 12.1

EATON VANCE CORP.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Nine Months Ended July 31,		Year Ended October 31,
	2007		2006		2005		2004		2003		2002
Pretax income, excluding equity in earnings of unconsolidated affiliates	$	136,558	$	263,002	$	233,383	$	197,731	$	150,013	$	174,814
Add: Fixed Charges	$	43,434	$	67,635	$	67,258	$	89,921	$	92,790	$	92,531
Distributed earnings of less than 50% owned affiliates	$	3,706	$	2,734	$	875	$	438	$	394	$	375
Less: Minority Interest in pre-tax income of subsidiaries that have not incurred fixed charges	$	1,079	$	525	$	677	$	408	$	61	$	0
Income as adjusted	$	182,619	$	332,846	$	300,839	$	287,052	$	243,136	$	267,720
Fixed charges:
Interest expense on indebtedness	$	142	$	12,850	$	1,464	$	5,898	$	5,761	$	7,098
Amortized premiums, discounts and capitalized expenses related to indebtedness	$	40,902	$	52,048	$	63,535	$	81,202	$	85,192	$	83,690
Portion of rents representative of an appropriate interest factor	$	2,390	$	2,737	$	2,259	$	2,191	$	1,837	$	1,743
Total fixed charges	$	43,434	$	67,635	$	67,258	$	89,921	$	92,790	$	92,531
Ratio of Earnings to Fixed Charges		561%*		492%		447%		321%		262%		289%

*annualized